Category: Uncategorized
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BSP may cut by 50 bps in October — BMI
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A WEAK PESO may cause the Bangko Sentral ng Pilipinas (BSP) to delay the start of its easing cycle, with a 50-basis-point (bp) cut in October at the earliest, Fitch Solutions’ unit BMI said. “Given that the peso has come under heavy pressure due to fluctuations in US interest rate…
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DoubleDragon’s Sia: 2024 last chance for 8.008% retail bond
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LISTED property developer DoubleDragon Corp. (DD) has set the interest rate for its forthcoming 3.5-year retail bond offering at 8.008% per annum. “I personally believe that 2024 could be the very last year in my entrepreneurial journey that the retail public can participate with a retail bond priced at 8.008%…
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Gov’t urged to prepare for expected surge in rice imports
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THE MARCOS ADMINISTRATION should ensure that the lower tariffs on imported rice will not result in a further decline in rice self-sufficiency, the Philippine Chamber of Agriculture and Food, Inc. (PCAFI) said. In a letter to President Ferdinand R. Marcos, Jr., PCAFI President Danilo V. Fausto aired the group’s “grave…
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CREC, SMC power arm to boost solar capacity with 153.5-MW plant in Bataan
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CITICORE Renewable Energy Corp. (CREC) has formed a joint venture with SMC Global Light and Power Corp. (SGLP), the power arm of San Miguel Corp. (SMC), to build a 153.5-megawatt (MW) solar power plant in Mariveles, Bataan, the Saavedra-led solar power company said on Monday. CREC and SGLP recently signed an…
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Optimizing geothermal drilling targets with GeoFlow Imaging’s technology
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With advanced seismic imaging technologies, GeoFlow Imaging seeks to address geothermal development risks related to uncertainties in setting drilling targets. The post Optimizing geothermal drilling targets with GeoFlow Imaging’s technology first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Nicaragua announces international tender for geothermal drilling near Cosigüina volcano
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An international tender has been announced for deep geothermal drilling in the near the Cosigüina volcano in Nicaragua. The post Nicaragua announces international tender for geothermal drilling near Cosigüina volcano first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Drilling resumes on 7-km geothermal well in Szaflary, Poland
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Drilling has resumed for the 7-kilometer geothermal well in Szaflary, Poland after work had to be paused due to slow penetration and wellbore integrity issues. The post Drilling resumes on 7-km geothermal well in Szaflary, Poland first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Kalahari presents development roadmap for Bweengwa geothermal site, Zambia
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Kalahari GeoEnergy is set to commence the first stage of operations at the Bweengwa geothermal site in Zambia with a goal of scaling up to 12 MW by 2030. The post Kalahari presents development roadmap for Bweengwa geothermal site, Zambia first appeared on ThinkGeoEnergy – Geothermal Energy News.
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MASE holds strategic workshop on geothermal lithium in Italy
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A strategic workshop organized by MASE in Rome, Italy brought together experts to facilitate the growth of lithium extraction from geothermal brine. The post MASE holds strategic workshop on geothermal lithium in Italy first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Biden Administration Awards $18.5 Million for Energy Efficiency Projects In Four States And 20 Local Governments
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As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) announced $18.5 million in grants to four states and 20 local governments through the Energy […] The post Biden Administration Awards $18.5 Million for Energy Efficiency Projects In Four States And 20 Local Governments appeared…
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Syama Prasad Mookerjee Port, Kolkata Announces Tender for 2 MW Solar PV Power Plant at Haldia Dock Complex
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Syama Prasad Mookerjee Port, Kolkata has released a tender for the design, engineering, supply, construction, erection, testing, and commissioning of a 2 MW (AC) solar photovoltaic grid-interactive power plant at […] The post Syama Prasad Mookerjee Port, Kolkata Announces Tender for 2 MW Solar PV Power Plant at Haldia Dock…
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The Royal University for Women, Bahrain, and Positive Zero Unveil Solar Carport Partnership to Generate 6.6 GWh of Clean Energy Annually
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The Royal University for Women (RUW), the first private, purpose-built international university in the Kingdom of Bahrain, has entered into a groundbreaking partnership with Positive Zero to install a solar […] The post The Royal University for Women, Bahrain, and Positive Zero Unveil Solar Carport Partnership to Generate 6.6 GWh…